NOT LISTED FOR SALE

4376 Rosebud Ln La Mesa, CA 91941

La Mesa Area
10 Beds
10 Baths
7,331 Sq Ft
1972 Built

Sale Details

Date Sold: August 23, 2023

Last sale price $1,600,000 $218 Per Sq Ft

50 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Zoned Heating
  • La Mesa Arts Academy Rated 9+
  • Tile Flooring
  • 3 Car Garage

About This Home

As of August 2023

5 Units: All 2 bedroom 2 Bath units in La Mesa. Great investment opportunity. Located in desireable La Mesa, only blocks from sought after Helix High School and LMAAC. Minutes from La Mesa Village, Trolley Stops and a short drive to SDSU. Close to the University Ave. cooridor.

Last Agent to Sell the Property

Dan Brophy

Flying Dog Enterprises Inc License #00578892 Listed on: 05/24/2023

Last Buyer's Agent

Nathan Travassos

Cabrillo Properties License #01738960

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,968

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 7,331 Sq Ft Lot
  • Lot Dimensions are 143 x 51
  • Two or More Common Walls
  • East Facing Home
  • Chain Link Fence

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Flat Roof Shape
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Mirrored Closets Doors
  • 7,331 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Radiant Heating System
  • Overhead Utilities

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 18 / 480
  • Tax Tract Number 470
  • Assessor Parcel Number 4704801800

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Fuel Expense $1,853
  • Insurance Expense $2,129
  • Professional Management Expense $5,950
  • Trash Expense $1,539
  • Water Sewer Expense $2,537
  • New Taxes Expense $16,000
  • Operating Expense $30,008
  • Gross Income $117,480
  • Net Operating Income $82,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,968

Year Built

Built in 1972 | Remodeled

Lot Details

7,331 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.80
  • Professional Management Expense: 5950.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: La Mesa Acres
  • View: No
  • Water Sewer Expenses: 2537.00
  • Zoning: R4
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4704801800
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Price Per Square Foot: 218.25

Exterior Features

  • Direction Faces: East
  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Heating Type: Radiant, Zoned
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1539.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit, Utilities - Overhead
  • Lot Size: 143 x 51
  • Lot Size Sq Ft: 7331.00
  • Lot Size Acres: 0.1683

Multi Family

  • Average2 Bed Area: 908 Square Feet
  • Fuel Expense: 1853.00
  • Gross Income: 117480.00
  • Gross Scheduled Income: 116388.00
  • Insurance Expense: 2129.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1092.00
  • Lot Size Area: 7331.0000 Square Feet
  • Net Operating Income: 82784.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Drapes: 5
  • Number With Patio: 1
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 33604.00
  • Rent Control: Yes
  • Total Actual Rent: 9699.00
  • Total Expenses: 30008.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Block: 480
  • Tax Lot: 18
  • Tax Tract Number: 470
  • Tax Annual Amount: 9968.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Aug 10, 2023
Sold by
Flying Dog Revocable Trust and Boss Family Trust
Bought by
Seller's Agent
Dan Brophy
Flying Dog Enterprises Inc
Buyer's Agent
Nathan Travassos
Cabrillo Properties
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,085,333
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Brophy Dan R
Bought by
Brophy Dan R and The Flying Dog Revocable Trust

Purchase Details

Closed on
May 30, 2007
Sold by
Brophy Malgorzata A
Bought by
Brophy Dan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2007
Sold by
Wendroff Steven and Wendroff Ann O
Bought by
Brophy Dan R and Boss Shaun K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2001
Sold by
Yarbrough Robert D and Yarbrough Mary Carol
Bought by
Brophy Dan R and Schwartz Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2000
Sold by
Yarbrough Robert D
Bought by
Yarbrough Robert D and Yarbrough Mary Carol
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 Corinthian Title
Brophy Dan R -- None Available
Brophy Dan R -- First American Title Co
Brophy Dan R $227,000 First American Title Co
Brophy Dan R $397,500 Lawyers Title Company
Yarbrough Robert D -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,120,000
Previous Owner Brophy Dan R $260,000
Previous Owner Brophy Dan R $285,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $1,600,000 -3.0% $218 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $1,650,000 -2.9% $225 / Sq Ft
05/24/2023 05/24/23 For Sale $1,700,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $21,188 $1,664,640 $936,360 $728,280
2025 $21,188 $1,632,000 $918,000 $714,000
2024 $20,570 $1,600,000 $900,000 $700,000
2023 $10,245 $741,113 $285,277 $455,836
2022 $10,117 $726,583 $279,684 $446,899
2021 $9,968 $712,337 $274,200 $438,137
2020 $9,740 $705,034 $271,389 $433,645
2019 $9,648 $691,211 $266,068 $425,143
2018 $9,539 $677,658 $260,851 $416,807
2017 $9,456 $664,372 $255,737 $408,635
2016 $9,358 $651,346 $250,723 $400,623
2015 $9,330 $641,563 $246,957 $394,606
2014 $9,135 $628,997 $242,120 $386,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2302414

California Regional Multiple Listing Service (CRMLS)

APN: 470-480-18-00

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